Bloomberg Business

Stocks edged down Tuesday as the second-quarter rally cooled with investors jittery ahead of Powell’s testimony later in the week. Treasuries rose.

Chicago Mayor Brandon Johnson said he inherited “systems of failure” after violence erupted during the Juneteenth holiday, with 75 people shot and 13 killed over the long weekend, according to preliminary data from the Chicago Police Department.

Progressive Senator Bernie Sanders launched an investigation into charges of unsafe working conditions at Amazon.com Inc. warehouses across the US, raising the possibility of high-profile hearings on complaints over the retailer’s treatment of employees.

State-backed firms from the Netherlands have partnered with Namibia to create a sovereign wealth fund focused on green hydrogen, the Finance Ministry said.

The world’s largest dairy maker, France’s Groupe Lactalis, is expanding in Chicago after a $3.2 billion deal to acquire cheese brands from Kraft Heinz Co.

The International Monetary Fund says Canada’s government should consider bringing back a debt anchor.

A retired New York City police sergeant and two other men were convicted of charges including acting as illegal agents of the Chinese government for pressuring dissidents to return to China.

FedEx Corp. plans to tuck the operations of its Ground network into the Express unit in Canada starting in April.

Oil dropped as broader risk-off sentiment overshadowed news of China’s gradual rollout of stimulus measures to aid its economy.